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Belgium Industrial production April 2019

Belgium: Industrial production gains traction in April

Industrial output increased 5.5% on a year-on-year seasonally-adjusted basis in April, up from March’s 1.2% result. A breakdown by Belgium’s Statistical Institute revealed that upbeat manufacturing output and a rebound in utilities supply were behind the upturn.

Annual average industrial output growth, meanwhile, rose to 1.7% from 1.3% in March.

On a seasonally-adjusted basis, industrial output rebounded by 2.8% from a month earlier (March: -1.9% month-on-month seasonally adjusted).

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